Note 4 Segmented information

Our results are reported in three segments: Bell Wireless, Bell Wireline and Bell Media. Our segments reflect how we manage our business and how we classify our operations for planning and measuring performance.

On March 17, 2017, BCE acquired all of the issued and outstanding common shares of MTS. The results from the acquired MTS operations are included in our Bell Wireless and Bell Wireline segments from the date of acquisition.

The following tables present financial information by segment for the three month periods ended June 30, 2018 and 2017.



FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2018	NOTE	BELL WIRELESS		BELL WIRELINE		BELL MEDIA		INTER- SEGMENT ELIMINA- TIONS		BCE
Operating revenues
External customers		2,032		3,077		677		—		5,786
Inter-segment		14		58		114		(186	)	—
Total operating revenues		2,046		3,135		791		(186	)	5,786
Operating costs	5	(1,142	)	(1,814	)	(586	)	186		(3,356	)
Segment profit ⁽¹⁾		904		1,321		205		—		2,430
Severance, acquisition and other costs	6	(3	)	(13	)	(8	)	—		(24	)
Depreciation and amortization		(165	)	(803	)	(40	)	—		(1,008	)
Finance costs
Interest expense										(246	)
Interest on post-employment benefit obligations	10									(17	)
Other expense	7									(88	)
Income taxes										(292	)
Net earnings										755

(1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.



FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2017		NOTE	BELL WIRELESS		BELL WIRELINE		BELL MEDIA		INTER- SEGMENT ELIMINA- TIONS		BCE

Operating revenues
	External customers		1,938		3,067		683		—		5,688
	Inter-segment		11		50		113		(174	)	—
Total operating revenues			1,949		3,117		796		(174	)	5,688
Operating costs		5	(1,098	)	(1,810	)	(572	)	174		(3,306	)
Segment profit ⁽¹⁾			851		1,307		224		—		2,382
Severance, acquisition and other costs		6	—		(35	)	(1	)	—		(36	)
Depreciation and amortization			(143	)	(796	)	(38	)	—		(977	)
Finance costs
	Interest expense										(238	)
	Interest on post-employment benefit obligations	10									(18	)
Other expense		7									(1	)
Income taxes											(298	)
Net earnings											814

(1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.

The following tables present financial information by segment for the six month periods ended June 30, 2018 and 2017.



FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2018	NOTE	BELL WIRELESS		BELL WIRELINE		BELL MEDIA		INTER- SEGMENT ELIMINA- TIONS		BCE
Operating revenues
External customers		3,966		6,102		1,308		—		11,376
Inter-segment		26		117		232		(375	)	—
Total operating revenues		3,992		6,219		1,540		(375	)	11,376
Operating costs	5	(2,266	)	(3,596	)	(1,205	)	375		(6,692	)
Segment profit ⁽¹⁾		1,726		2,623		335		—		4,684
Severance, acquisition and other costs	6	(6	)	(8	)	(10	)	—		(24	)
Depreciation and amortization		(325	)	(1,598	)	(77	)	—		(2,000	)
Finance costs
Interest expense										(486	)
Interest on post-employment benefit obligations	10									(34	)
Other expense	7									(149	)
Income taxes										(527	)
Net earnings										1,464

(1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.



FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2017		NOTE	BELL WIRELESS		BELL WIRELINE		BELL MEDIA		INTER- SEGMENT ELIMINA- TIONS		BCE

Operating revenues
	External customers		3,694		5,995		1,335		—		11,024
	Inter-segment		22		99		212		(333	)	—
Total operating revenues			3,716		6,094		1,547		(333	)	11,024
Operating costs		5	(2,096	)	(3,524	)	(1,189	)	333		(6,476	)
Segment profit ⁽¹⁾			1,620		2,570		358		—		4,548
Severance, acquisition and other costs		6	(5	)	(102	)	(13	)	—		(120	)
Depreciation and amortization			(281	)	(1,532	)	(73	)	—		(1,886	)
Finance costs
	Interest expense										(472	)
	Interest on post-employment benefit obligations	10									(36	)
Other income		7									16
Income taxes											(548	)
Net earnings											1,502

(1) The chief operating decision maker uses primarily one measure of profit to make decisions and assess performance, being operating revenues less operating costs.

Revenues by services and products



	THREE MONTHS		SIX MONTHS
FOR THE PERIOD ENDED JUNE 30	2018	2017	2018	2017
Services⁽¹⁾
Wireless	1,562	1,508	3,062	2,923
Data	1,869	1,812	3,689	3,531
Voice	957	1,020	1,907	2,001
Media	677	683	1,308	1,335
Other services	64	55	127	99
Total services	5,129	5,078	10,093	9,889
Products⁽²⁾
Wireless	470	430	904	771
Data	98	95	202	194
Equipment and other	89	85	177	170
Total products	657	610	1,283	1,135
Total operating revenues	5,786	5,688	11,376	11,024

(1) Our service revenues are generally recognized over time.

(2) Our product revenues are generally recognized at a point in time.